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RICHMOND, VA-Multifamily REIT United Dominion Realty Trust, Inc. closes on a $72 million Freddie Mac revolving credit facility, and then sells 3 million shares for a $42.3 million profit.
FELLS, POINT, MD-A second tenant, Brown Investment Advisory & Trust Co., signs on for 22,000 sf of space at the unfinished $20 million, 210,000-sf Bond Street Wharf building, bringing the leasing status of the structure to more than 33%.
WASHINGTON, DC-As part of its multi-million dollar advertising campaign, the National Association of Realtors begins airing radio advertisements today in an effort to gain more support for legislation that will prevent banking conglomerates from entering the real estate brokerage and property management markets.
ARLINGTON, VA-Cost Plus World Market opens its fifth location in the Washington DC area at the outdoor mall Pentagon Row. Located at 1301 South Joyce St., the new World Market outlet offers 16,300-sf of specialty retail space and is the company's flagship store in the DC region.
WASHINGTON, DC-The National Association of Realtors applauds the passing an economic stimulus package, which includes a provision allowing businesses take a first-year 30% tax deduction on the cost of leasehold tenant improvements made in the next three years.
HOT SPRINGS, VA-The South Carolina-based developer acquires 12,300 acres of land in a $16-million transaction. The deal calls for Celebration to sell 9,000 acres--land that will be permanently conserved--to the Nature Conservancy of Virginia for $6.3 million.
ROCKVILLE, MD-In an $11.3-million cash deal, CRIIMI MAE Inc.'s commercial mortgage servicing subsidiary CRIIMI MAE Services LP sells nine master and primary servicing contracts.
WASHINGTON, DC-The American Society of Association Executives acquires majority ownership of 1575 Eye St., while Carr Capitol takes a general partnership interest in the 208,600-sf building. The deal was based on an estimated building value of $58.7 million.
WASHINGTON, DC-The 145,000-sf data center at 1501 N. Capitol St., SW sells for $6.2 million to U-Haul affiliate Five-Sac. The new owners will use the facility as a self-storage and truck and rental location.
ROCKVILLE, MD-Kaiser Permanente subleases 46,300 sf for a new medical center in the building at 1396 Piccard Dr. The structure is still under lease by MedStar, which once used the facility as a Georgetown Medical Center practice location.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource